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Search Results 0 to 31 of about 32 (some duplicates have been removed)
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. with me today, ben stein. steve cornaki is joining us, as well. president obama returned to washington moments ago, cutting short his christmas vacation. the president has now spoken with all four congressional leaders, according to the white house communications director he. the house remains on vacation, but there are a few signs of life in the capital. gop leaders have released a new statement with an old message to the senate. the ball is in your court. the statement says the house will take action on whatever the senate can pass, but the senate first must act. well, this morning, senate majority leader reid slammed the house republicans not not even showing up. >> if we go over the cliff, and it looks like that's where we are headed, the house of representatives as we speak with four days left after today before the first of the year aren't here with the speaker having told them they will give them 48 hours inside. i can't imagine their conscious. >> well, senator reid is expected to hold a news conference about the talks this afternoon. so here is where we stand. reid wants to ge
schwarzkopf and what the world did not know about him. and "on the road" with steve hartman as a man tries to save his wife of 56 years. an unusual request that gets a surprising response. >> got two of them and i only need one. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> glor: good evening, scott is off tonight. i'm jeff glor. it is the end of a holiday week, but it would appear congress is just getting started. tonight, the president said he is mottestly optimistic about a deal to avoid the fiscal cliff, which would mean avoiding automatic tax increases and spending cuts come, you know, 1. the president spoke to the nation this evening after an hour-long meeting with congressional leaders at the white house. democrat and republican leaders have agreed to extend jobless benefits and some tax increases. they appear to remain deadlocked on who exactly will pay those higher taxs. we have two reports tonight, beginning with major garrett at the white house. major, good evening. >> reporter: good evening, jeff. two things are clear tonight that were not cle
obama met with the four congressional leaders this afternoon just a few minutes away. steve handlesman has more. >> after the meeting, he called the president was optimistic and insistent, optimistic there can be a deal that will keep most americans' taxes from going up. here's the president gist now in the white house briefing room. >> i just had a good and constructive discussion here at the white house with start and house leadership about how to prevent this tax hike on the middle class. i'm optimistic we may still be able to reach an agreement that can pass both houses in time. senators reid and mcconnell are working on such an agreement as we speak. but if an agreement isn't reached in time between senator reid and senator mcconnell, then i will urge senator reid to bring to the floor a basic package for an up-or-down vote. one that protects the middle class from an income class hike. one that extends it to 2 million americans looking for a job and lays the groundwork for more economic growth and debt reduction. >> that leads to the insistent park, asking reith who control the se
minority leader mitch mcconnell. harry reid and nancy pelosi were there. steve chenevey live on capitol hill right now. >> that meeting at the white house lasted just a little more than an hour. they started at 3:10 and were done by 4:15. no major decisions were made. president, reportedly telling congressional leadership, if you do not have a better plan than i do by now, we need to get to voting on my plan. the clock is still ticking in advance of monday night's deadline. frustration being felt not just inside the capitol, but i constituents outside as well. >> i am a little worried about the future as well, for my kids mostly. >> it is a popular thought outside the capital. >> there is an understandable frustration. >> chris van hull and is hopeful a deal can be reached by tuesday, although it will likely be a smaller deal that addresses only the major parts of the fiscal cliff from taking effect. >> we have got to get on a larger agreement, to make sure we sustained a very fragile economy, tried to get it to move faster, and deal with the long- term deficit. >> those decisions may n
. the downgrading of the credit rating doesn't seem to have had any effect. lori: but, steve, we have the debt ceiling for a purpose, right? to avoid overspending. yet it doesn't seem to be doing its job. how can we get meaningful spending cuts, preserve entitlements back into the dialogue of this fiscal cliff debacle? >> well, i don't think we have it to encourage fiscal responsibility so much as we have it because it's required for congress to authorize borrowing money to pay our debt and deficit obligations. it's, the way i look at it, it is a mere constitutional technicality and we should raise it. i would like to make one point about on the downgrade issue that he just talked about. if we go over the fiscal cliff, that would certainly be no reason for a downgrade because we would be cutting the deficit and the debt. lori: right. >> but if we kick the can down the road here and don't do anything with a short-term solution, then i think it would be reasonable for the debt, excuse me for --. lori: another downgrade. >> for us to be downgraded, excuse me. lori: let me send it back over to you
iron oar a lot. >> let's get more insight from steve from web bush securities. how much of a nail biter is this for you in terms of fiscal cliff and the markets? >> i think pretty clear at this point that if there's a deal coming, it's gonna be coming very, very soon. i think the markets discounted the fact we are going to get some sort of deal t has held up fairly well here and i think if we don't get a deal, we will see a selloff. i don't know how considerable, but certainly see the 2, 3% decline in the market. >> does it amaze you, steve, that the markets, in your view, still consider a given that we are going to reach a deal? here we are thursday, december 27th. they still haven't issued a 48-hur notice for congress to return to capitol hill and yet you're saying the markets have baked in some sort of deal? >> yeah, i think so. i don't in he isly think the deal happened december 31st. if we pass waite without a deal earthquake the market will think something is going to happen in early january this is the way washington works, they walk right up to the edge of the deal, maybe even p
republicans may believe, as steve said that raising taxes on people over 250 is a mistake, president obama ran very clearly on doing exactly that, won 51% of the vote, 332 electoral college votes, we are probably going to get there the question how much crockery do we break along the way? >> ron that's fine. let's be fair here. we have been negotiating this six weeks, since the election. the president, when i talk to my republican sources say, look, the president hasn't put anything serious on the table still on spending cuts, ron. i think that's, you're right urkts bo, both sides have to give a little bit here, i haven't seen much give on the democrats' side of the aisle here. >> the inability to comp prom my keith stone to democrat circumstance todd, why don't you weigh in on this. what is your feelings with what has to be dealt with by not just this congress but 1913th congress, numerology could worry you a little bit. >> stephen hit the nail on the head, talk about the spending cuts, that actually is not even in existence right now you right now you the top line issue has been about tax re
how you doing? my name is steve. my family's lived in this neighborhood for years. recently, things got so tight we had to go to our local food bank for help. i lost a lot of sleep worrying about what the neighbors might think. that is, until i saw them there, too. how'd i do, steve? a little stiff. you could have done a little better. what? come on. you know, i have an academy award. yeah, but not for playing me. announcer: play a role in ending hunger. visit feedingamerica.org/hunger and find your local food bank. adam: i'm adam shapiro in for melissa francis. here's what's "money" tonight. president obama and congressional leaders try to pull off a fiscal cliff hail mary. their last-ditch meeting at the white house desperately tries to land a deal but the report he hadly not putting any new offer on the table. we have the very latest for you. >>> not even the fiscal cliff can slow down the u.s. oil boom the production surge sets up huge windfalls for businesses outside the oil industry in 2013. who stand to reap the biggest gains? we'll drill down details so you can get in on thi
again at least. steve has the latest from capitol hill. >> sources are capitol hill say president obama in today's talks feels he has the advantage back and that he will press on his original demand that income taxes rise on earnings over $250,000. it's a positive sign, the first meeting since mid november the four congressional leaders at the white house. called by president obama, house speaker john boehner is a key figure. >> the fact that he has come back to me says that they cannot come up with some kind of agreement. -- that they can come up with an agreement. >> both sides want to avoid middle-class tax cuts. the hang up is the tax hikes on the rich. those making over $250,000 in the obama reposal or $400,000, a level that mitch mcconnell reportedly said he might be able to sel? republicans won the debate shifted. >> the talk about taxes, but what it should be about is what we want to talk about today -- the medicare fiscal cliff. >> no date to cut a day to reform entitlements by tuesday. >> if we do something right now to have long-lasting, adverse effects on economic growth, th
department public information officer, steve huffman. mr. huffman, thank you for joining us. one of the churches, trinity episcopal suffered a lot of damage. part of the roof is gone, front part of the parish is gone. and they went through a $1 million renovation. thank goodness it didn't happen when the church was packed. as daylight breaks what is the biggest challenge in terms of cleanup? >> we had public works crews working throughout the night and alabama power crews working to restore power in those affected areas. these guys -- i mean, unfortunately, this was not anything new to us. now, tornadoes are, but we're used to hurricanes, so we deal with power outages and things like that in emergencies such as this. our guys are well trained to respond to the types of incidents? >> how rare is it to have these tornadoes at this time of the year and nobody hurt, so you must have had pretty good warnings out there? >> we have been told a couple of days ahead of time to expect some severe weather to include tornadoes, and i think everybody was prepared for that. of course, we were
the country. dennis: the white stuff isn't bad news for everyone. record snowfall means big business for steve resorts. we got the ceo. shibani: let's look how the ten year treasury is fairing down four basis points. [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all onhinkorswim from td ameritrade. ♪ >> i am adam shapiro with your fox business brief. a tough day for the market with a few days left before tax hikes and budget cuts go into effect. harry reid says the u.s. is likely to roll off of the fiscal cliff and will speak to reporters about those negotiations. mortgage rates finished out the year near historic lows. freddie mac says the average for a 30 year fixed mortgage east to 3.35%. the empire state building is one step closer to going public. the management of the iconic skyscraper has been given the go-ahead by the securities and exchange commission to allow the building to be in
margie omero, and chip saltzmann. i want to talk about with what steve la tourette had to say today being interviewed on cnn. >> this isn't a one party or a one house problem. this is leaders of both parties and all branches of the government not willing to make the deal they know they have to make. everybody wants to play the blame game. this is about to put us over the edge. >> perry, i want to start with you. if perception is reality and the blame is going to matter to somebody, which side is it really going to matter to? ivities the blame is on both sides. what's driven this whole process is republicans are very opposed to -- just the republicans who will vote for any tax increase. we learned last week from the plan b vote. once we go over the cliff, republicans are ready for a tax cut, not an increase. right now that's what the big challenge is. >> chip, is that the biggest strategy here, get to the third and pass the third, the new congress comes in, boehner danger doesn't exist anymore, his speakership stays in place and grover norquist gives a thumbs up to up? >> i don't think tha
of stock. it's really the volume of the insider buy that declares its sincere steve. we're focusing on buying at the top. nothing more arrogant than when an insider backs up a truck for his own stock, sitting at a 52-week high. they are saying we know we rock, and we're so confident it will keep going higher, we'll buy stock hand over fist, not waiting for a pullback. buying what looks like to be the high. arrogant, sure, but bankable uverse, and there are notable exceptions occupying the wall of shame. let's assume they know what they are doing. not everyone deserves the benefit of the doubt in this business, and after the financial crisis at the end of 2008, i know a lot of people think ceo execs are fraud, crooks, liars, especially those of you who got burned on lehmann brothers. that's the wrong lesson to draw from the crash. healthy skepticism is one thing. a total unwillingness to believe anything positive is something entirely different. if you are going to own stocks, you need to be willing to extend some measure of trust to those who run the companies. getting their stock t
. congressman steny hoyer, tom cole, steve israel all next. first a look at some people behind the scenes at msnbc. i hope you all have a very happy new year. >> happy holidays from "the daily rundown!" >> happy holidays. >> and have a very happy new year. >> happy holidays. >> happy holidays. >> happy new year from "andrea mitchell reports." >> merry christmas. >> merry christmas from "the cycle!" >> happy holidays from the "alex witt" team. >> happy holidays from "up with chris hayes." >> happy holidays! >> merry christmas. happy holidays. >> happy holidays from msnbc. >> happy holidays. >> merry christmas. happy holidays. >> happy holidays from the p.a.s. >> from all of us at msnbc, merry christmas and happy holidays. >> merry christmas. happy holidays. >> merry christmas. happy holidays, everybody. >> hello, team. what a wonderful 2012. i'm looking forward to a fantastic 2013. happy new year. >>> happy new year. the question today. are you ready to go cliff diving? breaking news tops our agenda this hour. can congress avoid turning into a pumpkin at midnight? we're watching capitol hi
sustain the one-two punch is anybody's question. patti ann: joining us now is steve moore from the "wall street journal." hopefully he can give us some answers. good morning, steve. what is the most immediate impact in we go over the cliff? >> we are talking about january 2nd taxing rising on over a hundred million americans. this is a big sock to the wallet of americans of every income group. let's just talk about the middle class for a minute. for those earning about 45 to 75,000 a year they are looking at paying somewhere in the neighborhood of $2,500 a year more in taxes. it's not just the warn buffets and bill gates that will be hit by tax increases. the other part of the cliff that we don't talk that much about is the automatic spending cuts would take effect starting on january 2nd, an 8% reduction in major spending categories, national defense, many of what we call the domestic discretionary programs would also be hit. this is a big fiscal wallop to the economy and a lot of economists believe it could cause a double-dip recession. patti ann: on the other hand we are hearing from
congress steve la turret of ohio, a member of the appropriations committee. thanks for coming "outfront." with this plan that the president's put forward, the scaled-down plan which would keep taxes low for 98% of americans, raising them for folks over 250, extending unemployment benefits. would you vote for that as an alternative to going over the fiscal cliff? >> i would have voted just to extend the tax cuts for 99.8% or whatever it was of americans that was john boehner's plan "b." a couple of things are either being misreported or inaccurately reported because what gets in the way of the president's plan is the constitution of the united states. and the good thing about this meeting is that the focus is now firmly on the united states senate where it should have been all these months. the house acted a long time ago to extend all the tax cuts and take care of sequestration. the senate has given speeches. >> you're referring to the fact that revenue issues are supposed to generate in the house. right now, both speaker boehner and the president say it's between reid and mcconnell whi
products coming from apple after the death of steve jobs. >> chris: and kirsten? >> the economy will continue to turn around and not a boon but will slow, slowing the first half of the year and pick up and housing will be a key part of that. >> chris: do you think congress and these continued perils of pauline cliffs, is that going to hurt the economy? >> it will not help it. it will grow in spite of it. but, it will be much more helpful, more certain and the stock market isn't constantly fluctuating, over what congress is going to do. >> chris: finally, an area where we have strong opinions, if not much knowledge, sports. bill? >> i -- >> you could still revise this. i know what you will say. >> i'm looking forward to the game tonight, are you going? >> chris: you are a bigger redskins fan -- >> i'm rooting for them and i being the pessimist i am, i expect them to dash my hopes, and, lose to the cowboys, tonight, and, after the fantastic run they've had, they'll fall short of the playoff. >> chris: dangerous, because, usually, predictions you have like 6 months, everybody forge
when he got successful he moves all his company over to china, giving chinese people jobs. if steve jobs was born in china he wouldn't even have a garage therefore he wouldn't be able to create the apple computer. so i just think we just don't do enough for the people of this country. and the people who are in position to create jobs and do this do not reinvest in the country. therefore i don't think they should get tax breaks. if you want to give these corporate giants tax breaks then give it to those who want to invest in the country, who want to create jobs here, not overcease, and they think try to think of ways to get their money over there into here lower than say the american businessman paying 35%. guest: i mean, i understand your frustration. i think part of it is that the corporate tax code is a mess. we clearly need to fix it in a way that a lot of the politicians talk about fixing it in a revenue neutral way which doesn't add anything to the deficit discussion. it doesn't help make lowering future deficits any easier. so there are some things we need to change about the
believe it is a lot higher. the whole thing was steve jobs. he treated the apple computer in his garage. when he got successful theme of his company over to china giving chinese people jobs. if steve jobs was born in china he would not even be able to create the apple computer. we just do not do enough for the people of this country. the people who are position to create jobs do not reinvest in the country. i do not think they should get tax breaks. if you want to give these corporate giant tax breaks given to those who want to invest in the country and create jobs. for a lower than the american businessmen. guest: i understand your frustration. part of it is the corporate tax .ode clearly needs to fix it a lot talk about fixing a and a revenue neutral way. it does not help lowering future deficits any easier. there are some things need to change. in general we need to realize that if we set our country on the bike path making the right investments in -- the right path making investments in education and making sure we do not have the necessary programs that can help us do that growth,
morning, america and steve. this is a great time to be an american. i think we are all looking forward to the new year. i am a loyal but nervous. -- i am a little bit nervous. mitch mcconnell is the key. he can take the president over into the presidency and a came a great man. we need to make sure we let mr. mcconnell know that history is there. i know he has a lot of issues. everyone bacchant e-mail, text -- everyone can e-mail and text and let mr. mcconnell n know. the tea party is off the rail. this will make this country take off. i hope mr. mcconnell sees this. everyone out there, the game has been played. host: thank you for the call. harry is joining us from pittsburgh. caller: this whole thing is ridiculous. i started paying social security and 14. i have quite a bit of money in there. i have made my own way. record, the past money they are asking for, that is mostly white people making that money. they should call it what it is. that is still whitey's money. i wish i was as smart as it then people. a lot of people have called then and have not worked hard. everybody wants the
, the first year without steve jobs. they still invent things we didn't know we needed that we would buy faster than anything that's been sold in personal technology than ever before. number nine, the u.s. stock market. despite all those worries about the fiscal cliff and maybe slower growth in the u.s. economy, the stock market has had a great year. too bad you missed out. the smart money's been in the market. the rest of us have been worried about the fiscal cliff. >> number eight, facebook's ipo. hundreds of millions of people like facebook but investors did not on its first day as a public company. trading glitches at the nasdaq and questions about the company's ability to make money on mobile users pummeled the stock which has yet to climb its way back to its ipo price. >> number seven, mother meyer, the new ceo of yahoo!. 37 years old. looks like a mother's touch is just exactly what yahoo! needed. >> number six, mother nature. an intense drought in the midwest that scorched the soy and corn crop sending prices sky high. who could forget superstorm sandy. neighborhoods swept away,
to tax our imports in our country. the whole thing with steve jobs, he created the apple computer in his garage in california. if steve jobs was born in china, he would not even have a garage. we do not do enough for the people of this country or the people in a position to create jobs. data reinvest and i do not think that they should get tax breaks. creating jobs here, not overseas. host: joshua gordon? guest: i think a part of your frustration, many talk about fixing it in a mutual way. which had nothing to the deficit discussion and does not help to make lowering the deficits any easier. there are some things we need to change. in general we need to realize that if we set the country on the right path and make the right investments in technology and education, making sure we do not cut the necessary programs to do the growth, you have to make that a priority. we will be able to grow with the global economy. manufacturing has already come back to some degree. i know that apple is moving a couple of production facilities back to the united states from china. the real key is making sure
less than they otherwise should be or would be. >> and we talked to "the wall street journal's" steve moore a little while ago and i asked him about the psychological effect if we go off the fiscal cliff. i want you to hear what he said. >> i talk to small businessmen and women all the time. they say, we're not hiring now. we're canceling a lot of our plans to make new expenditures, which you need to do if you want a vibrant economy. and we're really seeing the impact in the stock market the last couple of weeks. so this is not a good way to run a railroad. and the economy is already taking a hit because of all this turmoil in washington. >> you agree with that, that we've already seen the impact of not having a deal to avoid this cliff? >> i don't think we've seen all of the impact. undoubtedly, stephen moore is correct that the stock market is reacting, particularly over the last couple of days. but most people, most institutions, most companies, most consumers assume that there will be some sort of a deal or if there's not a deal, at least by monday, then there will be a deal withi
. steve jobs had been cast out, he comes back in, reinvents the company. it's one of the greatest business success stories in the history of modern society if not longer. >> at one point, apple stock approached $700, right? now the stock is, what, near $600? >> yeah, likely because of capital gains. >> who can afford to buy the stock? >> studies have shown, mike, if you buy one share -- you have $500 to invest, you buy one share of a $500 company, you might not think you can make as much as buying ten shares of a $50 company, many studies show you can make just as much because it's $50 for a reason. >> buy one share. i'm not advising. >> where is the libor scandal story? a dozen banks. >> thanks a lot, by the way. >> apparently, my hatred of the uk helped. i didn't want to say libor. >> i know it's boring. >> because the antinm, bore. and i promised barnicle that i wasn't going to say fiscal cliff. i promised not to say it. i found other stories. and libor, i hear you. >> i love that story. terrible word. >> that's what we talk about, libor. in the real world, no. >> big deal. banks are do
, apple. the first year without steve jobs and a company that's trying to prove under a new ceo that it can still invent things that we didn't even know we needed that we would buy, faster than anything's ever been sold in personal technology before. number nine, the u.s. stock market. despite all those worries about the fiscal cliff and maybe slower growth in the u.s. economy, the stock market has had a great year. too bad you missed out. the smart money's been in the market. the rest of us have been worried about the fiscal cliff. >> number eight, facebook's ipo. hundreds of millions of people like facebook, but investors did not on its first day as a public company. trading glitches at the nasdaq and questions about the company's ability to make money on mobile users pummeled the stock, which has yet to climb its way back to its ipo price. >> number seven, mother meyer. the new ceo of yahoo! who announced that she was just going to take a two-week maternity leave, as she was going to try to turn this company around. 37 years old, it looks like a mother's touch is exactly what
. as the deadline for the fiscal cliff does loom, what does it peen if your money if we do not get a deal? steve liesman has more on that. >> we talk about a lot of these big numbers that are out there and we don't talk about what it means to individuals. so let me see if i can break down the big numbers into something that might mean something to individual people here. $620 billion, that's the number that's the total revenue increases and spending cuts. about $130 billion of the automatic cuts that john harwood was just talking about, talking about trying to ally for a little while. 1920. that's if you break it down by every man, woman and child in america. that's the per capita fiscal cliff effect. but that effects a lot of people differently here. $26.2 million. that's the number of americans that will be caught by the amt, the alter naf tax system, unless congress comes up with a patch and that's part of the whole fiscal cliff effect. come on over here, we'll show you more. 2.1 million, that's the number of long term unemployed americans who will lose the extended benefits again if there's
, however, he was inducted into the academy of television arts hall of fame in 1992 and in 2005 he steve the presidential medal of freedom and won a grammy in 1997 for his album of gospel music but his legacy for many will be the andy griffith theme song. >> of course. >> i didn't realize it went out at the top of the ratings like i love lucy and seinfedl. >> and henry hill. >> a a know torous new york city mob teresa payton and fbi informant jess died from heart failure and lived a complicated life from drug cartels to the air france robbery which then formed the base for the martin score saycy film. popular characteristic. >>> and robin giv gibb of the bee gees. stayin' alive and how deep it your love. >> best known for being one of the members of the bee gees with a career spanning six decades. they he sold more than 220 million records worldwide. divide as one of the major figures in the history of british music. he will be remembered for putting the disco on the map in the late '70s and creating the saturday night fever soundtrack starring john travolta can. and he received multiple
is on the independent line from colorado. caller: good morning, steve. i listened to it the myopic dogma in this segment over and over. the only people i can blame on this are the american people. the people who sit here and listen to these guys that are extremists and and they vote him into office -- them into office. i hear people say let's get rid of epa. if you look at how much epa takes out of our budget, that's like worrying about nothing gary people need to turn off the tv and start studying more. crack some books. look at economic spirit trickle-down economics does not work. name a country where it has worked? maybe estonia. but it's not working in greece. i heard a great saying that says when time gets tough, everyone is a keynesian. turn off the tv. not c-span of course. but turn off the news channels that are just cramming this stuff, and get involved in this before you formulate an opinion. i think we would be voted into office smarter, better people that are not tea party extremists. how about if on the democratic side grover norquist had said never cut any spending? i'm going to sign a bil
Search Results 0 to 31 of about 32 (some duplicates have been removed)